USD/JPY Daily Outlook – Action Forex


Each day axes: (S1) 149.09; (P) 149.48; (R1) 150.12; more…

A brief lower is fashioned at 148.83 with the present restoration and bias throughout the day within the US greenback/JPY is transferred first. An extra lower is predicted to as much as 154.79 resistance. The autumn is seen from 158.86 because the third station of the type of 161.94. Lower than 148.83 will goal 61.8 % retreat from 139.57 to 158.86 within the following 146.32.

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Within the largest picture, value actions are seen from 161.94 as an genuine sample of 102.58 (2021 low). Within the occasion of one other fall, sturdy assist from 38.2 % needs to be noticed from 102.58 to 161.94 at 139.26 to deliver a restoration. Nevertheless, a sustainable break from 139.26 will open a deeper lower within the medium time period to 61.8 % in 125.25.

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2025-02-25 05:38:32

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